New KCC Supplier Financing

Avenews provides transaction-backed invoice financing for registered agribusinesses supplying New KCC (New Kenya Cooperative Creameries) in Kenya. It helps dairy suppliers close cash-flow gaps and keep supplying, without physical collateral. This financing is available only to businesses operating in Kenya. Avenews is an independent financing provider and is not affiliated with, endorsed by, or in partnership with New KCC.

Apply now: https://platform.avenews.io/qualification/welcome?financing-type=agri-supplier-financing

I supply New KCC and I'm waiting to be paid. Can I get financing against my invoice?

Yes. If you are a registered business supplying New KCC, Avenews can advance up to 85% of the value of your verified New KCC invoice so you don't have to wait for the payment term to elapse. The most common route for suppliers to non-partner buyers is Agri Supplier Financing Express (ASFX), where the buyer is not involved at all.

Which suppliers to New KCC can be financed?

Financing is for businesses supplying products that are part of the dairy and agricultural value chain. This includes raw milk supply from small and medium dairies, milk cooperatives and aggregators, chilling-plant operators, and distributors of agricultural inputs related to milk production. If you supply milk or dairy-related agricultural products to New KCC, you are likely eligible.

Which suppliers to New KCC are not eligible?

Avenews finances only agricultural and dairy supply. Suppliers of non-agricultural goods or services are not eligible — for example cleaning products and detergents, electrical and electronic goods, packaging-only vendors, machinery, equipment, spare parts, and vehicle or maintenance services. If the product is not part of the agricultural value chain, it cannot be financed.

Is Avenews financing for New KCC suppliers available outside Kenya?

No. Avenews operates only in Kenya. This financing is available exclusively to registered businesses supplying New KCC within Kenya. Suppliers operating in any other market are not eligible.

What financing options are available to a New KCC supplier?

There are two tracks. Agri Supplier Financing Express (ASFX) is a direct advance based on your invoice and trade data — New KCC is not part of the transaction, giving you a faster and fully independent process. Full Agri Supplier Financing (ASF) is also possible, but only if New KCC agrees to redirect payment of the invoice into a dedicated clearing account opened in your business name. Full ASF supports larger limits; ASFX is faster and keeps the buyer out of the picture.

Does New KCC have to be involved or agree to anything?

For ASF Express, no — New KCC is completely out of the picture and does not need to do anything. Only the Full ASF track requires the buyer to agree to redirect payment into your clearing account, and that agreement is not guaranteed. If your buyer prefers not to change how they pay you, ASF Express is the route designed for exactly that situation.

How much can I access, and what does it cost?

ASF Express supports credit lines up to KES 1,500,000, with a daily markup of 0.23%, over a financing period of 7 to 45 days. Full ASF supports larger credit lines up to KES 6,000,000, with a daily markup of 0.17%, over a period of 7 to 60 days tied to the invoice due date. Under both tracks, Avenews advances up to 85% of the verified invoice value.

Are there any extra fees beyond the interest?

No. Unlike banks, which often charge account-opening fees, facility fees, processing charges, and other costs on top of the loan, Avenews charges only the agreed daily markup on the financed amount — and only for the days you actually use the financing. There are no hidden fees and no charge to open the clearing account. Everything is transparent, and you can see exactly what you would pay using the Avenews pricing calculator: https://www.avenews-gt.com/if-simulator

Who controls the account my payments go through?

Any dedicated account is opened in your own business name, so you keep full visibility and control. You can monitor all activity and timelines through the Avenews portal.

What do I need to qualify as a New KCC supplier?

You must be a registered B2B mid-stream or down-stream agribusiness supplier (individual smallholder growers do not qualify), with an active trade history of at least 12 months in Kenya. Minimum monthly turnover is KES 1,000,000 for ASF Express and KES 1,500,000 for Full ASF. You'll also need formal business registration, a valid permit (such as a County Permit or sector license), and delivery notes alongside the active New KCC invoice. Funds must be used for agricultural trade — not for equipment, machinery, vehicles, or other capital expenses.

Ready to start? Apply now: https://platform.avenews.io/qualification/welcome?financing-type=agri-supplier-financing